eBay reported its first quarter results today with revenues of $2.19B, up $424M from the same quarter last year. Its GAAP net income was $460M, or $0.34 per diluted share.
Skype revenues were $126M with 61% year-over-year growth (although revenue is decelerating rapidly). During the first part of this year, Skype added 33M registered users, bringing its total to 309M users. This makes the Skype user base the largest within eBay’s collection of services.
The report signifies that Skype is hanging in there despite the setbacks of last fall that involved CEO Niklas Zennstrom stepping down and earning only 1/3 earnout.
We’ve heard nothing new regarding the possible Google partnership or acquisition with/of Skype, although a partnership looks more likely.
Great success!
Skype is great service and have very huge potential to grow in a long term and is still growing fast. As fast as internet and wifi being deployed in every areas this service is not a big thing that take a part of cellular industry.
Skype is great… it has a lot of potential yet to be untapped… it just has to hang in there!
Jon
http://dreamclue.com …get the message!
I uninstalled Skype.
Apple should dip into the war chest and grab Skype.. free calls on the iPhone.
Voice calls will become free in the near future .. I guess
Even though Skype does the same thing yahoo and Aim does, Skype is THE techie telephony program! My business runs off of skype…
I just wish skype would open up its protocol. I would still pay for skype out, etc. I just want one integrated messaging platform!
Skype is great service
@5
… and thereby making enemies of most mobile carriers. Not likely.
@Et
Exactly. That said, I believe that Google is playing a quiet chess game to really blow out the big carriers. Look at the moves:
1. Android wins support of cell phone device manufacturers (and open source community) via the promise of revenue sharing.
2. Google gets open access via recent FCC auction and through white space.
3. Google buys Skype, combines it with Google Talk and creates MASSIVE user base (which includes existing AT&T, Verizon, Sprint, etc customers).
So they’d have the devices, the VoIP program, and the wireless access to offer large-scale VoIP services …
So Skype basically makes $1.50 per user a year? I see that there is either really low monetization potential, or that there is massive potential here for making money.
Facebook also makes about $1.00 per user per year (based on leaked financials) and they are worth $15B based on potential…
Hi Mark!